Do you have one of approximately 400,000 wallets eligible for Wormhole’s upcoming W token airdrop? otherwise, You may also consider joining thousands of others. Solana These are degens that use “L”, i.e. degens that trade L tokens.
Released 24 hours ago by an unknown party, Solana’s Lormhole (L) token is a proven meme coin, turning the cryptocurrency trend into a trading token amid the fallout from users who missed Wormhole’s expected downturn. . And it’s making huge profits.
“If you missed that $W… get ready to catch this $L,” the pinned tweet reads. romhole account On Twitter.
Trading at just over $0.006 as of this writing, the token has already increased in value by 75,000% since its launch early Thursday. According to data from , tokens have been traded in around 8,000 wallets so far. Dex Screenerand its market capitalization is over $6 million.
“Lormhole is a powerful interoperability platform that supports multichain applications and bridges in a harmless context,” reads the project’s Twitter bio, a baby talk riff on Wormhole’s cross-chain marketing message that comes with another viral Solana meme coin. Changed it to .
Solana has become a destination for meme coins in recent months thanks to the network’s low fees.Thousands of new tokens per day It was issued in December as traders tried to find the next 1,000x pump amid the uptrend. Solana Meme Coin BONK. Now you have BONK. WIF, wenAnd various tokens based on this Poorly drawn versions of politicians with their names misspelled..
In this case, Lormhole is really leaning into the “take the L” frame. On Thursday, the project tweeted that it would airdrop 40% of its token supply to “key individuals and communities within the ecosystem.” Later the following was added to the project:
“Today will be a time for you to personally choose the community that will continue to lead L. A community that lasts no matter what the flavor of the month is. There are no hurdles to jump through and the rules don’t change at the last minute. Grab this damn $L.”
Meanwhile, the creators of the following NFT projects: gods, Okay Bears, Claynosaurz are competing to participate in the L airdrop, perhaps as a joke. DeGods holders were listed as eligible for the Wormhole airdrop, but many users tweeted that the W airdrop checker showed those holders as ineligible.
“I think I know a community that likes L.” DeGods Creator Rohun “Frank” Vora answered To Romhall account.
disclaimer
The views and opinions expressed by the author are for information purposes only and do not constitute financial, investment or other advice.
Edited by Ryan Ozawa.
